After seeing the huge potential of cashless transactions through e-wallet, mobile payments and commerce venture Paytm( headquartered in Noida) is the latest company to jump on the person-to-person (P2P) money transfer bandwagon.

 

After online shopping, this space has seen good traction with mobile payment firms like M-Pesa and Oxigen, and certain banks joining the fray, to offer ease and convenience of the cashless mode and promote cash-less and paperless transactions while making merchant payments.

About Author

Ankur Chandra

A software engineer by education, Ankur is go-getter, who leaves no stones unturned to find a solution to a problem. He is passionate about technology and automobiles. And, is a big foodie at heart. Watching cartoons is his favourite off-field indulgence. At KnowStartup, he is an integral part of the editorial team.

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